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Dime Community Bancshares (DCOM) CFO uses stock to cover taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Dime Community Bancshares Senior EVP and Chief Financial Officer Avinash Reddy reported two Form 4 transactions tied to restricted stock vesting. On February 26, 2026 he disposed of 1,353 and 820 common shares at $33.34 per share, with all shares withheld solely to satisfy tax obligations rather than sold in the open market.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Reddy Avinash

(Last) (First) (Middle)
898 VETERANS MEMORIAL HIGHWAY
SUITE 560

(Street)
HAUPPAUGE NY 11788

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Dime Community Bancshares, Inc. /NY/ [ DCOM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SEVP - CHIEF FINANCIAL OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/26/2026 F 1,353(1) D $33.34 46,939 D
Common Stock 02/26/2026 F 820(1) D $33.34 46,119 D
Preferred Stock, Series A 5,730 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Reflects the withholding of shares to satisfy tax obligations on shares of restricted stock that vested on February 26, 2026.
Remarks:
Megan Hickey, as attorney in fact 03/02/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did DCOM CFO Avinash Reddy report?

Avinash Reddy reported two dispositions of Dime Community Bancshares common stock. These were not open-market sales but shares withheld by the company to cover tax obligations from vested restricted stock on February 26, 2026.

How many DCOM shares were disposed of in the tax-withholding transactions?

Two separate blocks of Dime Community Bancshares common shares were disposed of. One transaction involved 1,353 shares and the other 820 shares, both at $33.34 per share, to satisfy associated tax liabilities on vested restricted stock.

Were the DCOM insider transactions open-market sales?

No, the DCOM insider transactions were not open-market sales. The Form 4 identifies transaction code F, meaning shares were withheld to pay exercise price or tax liabilities, specifically to cover taxes on vested restricted stock awards.

What security types does Avinash Reddy hold in DCOM after these transactions?

After these transactions, the filing shows Avinash Reddy with direct holdings in Dime Community Bancshares common stock and Preferred Stock, Series A. The preferred stock line is reported as a holding with 5,730 shares directly owned.

What does transaction code F mean in the DCOM Form 4 filing?

Transaction code F means shares were used to pay an exercise price or tax liability. In this Dime Community Bancshares filing, code F reflects withholding of common shares to satisfy tax obligations on restricted stock that vested on February 26, 2026.

Who is the insider involved in this DCOM Form 4 filing?

The insider is Avinash Reddy, Senior Executive Vice President and Chief Financial Officer of Dime Community Bancshares. He is an officer of the company and reported the tax-withholding share dispositions and his direct holdings in common and preferred stock.
Dime Community Bancshares Inc

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